Org.nr 946 359 106 2007 → 2008 Year-over-year analysis

AIMO PARK NORWAY AS: årsregnskap 2008 vs 2007

Grew 221% on revenue, slipped into loss, fresh owner capital

approved 2009-10-05; registry 2009-10-20

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AIMO PARK NORWAY AS. Revenue 158.60m NOK → 508.79m NOK (+220.8%). Net result +9.09m NOK → -9.80m NOK. Equity 19.23m NOK → 41.68m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: fell into a net loss; current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AIMO PARK NORWAY AS.

Scorecard

Revenue
158.60m NOK 508.79m NOK
+220.8%
Operating result
+13.58m NOK n/m
—
Net result
+9.09m NOK -9.80m NOK
-207.8%
Equity
19.23m NOK 41.68m NOK
+116.7%
Cash
13.80m NOK 29.36m NOK
+112.8%
Total assets
141.88m NOK 185.22m NOK
+30.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 158.60m NOK to 508.79m NOK (+220.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 19.23m NOK → 41.68m NOK (equity ratio 13.6% → 22.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.80m NOK → 29.36m NOK (+112.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.02m NOK → 15.90m NOK (+14.87m NOK). Reported fact

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 9.09m NOK profit to a loss of 9.80m NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.08× → 0.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 102.49m NOK → 364.47m NOK (+255.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 63.80m NOK → 63.8k NOK. Reported fact